Leverage

[liability]

So what do you suggest then

"Make sure you own a sound plan to prepare and you will be good."

 

[JayJones]

I prefer a broker who atleast provide a leverage of 200X

They all provide this

 

[marco_mmbiz]

They all provide this

Nope. All ESMA-regulated brokers have a maximum of 1:30 (in the EU).

 

[Farm_Yard_Forex]

I tend to go for the option of 1:500 leverage as the accounts I use a relatively small. providing your risk management is on point this will be fine.

 

[benisback]

Nope. All ESMA-regulated brokers have a maximum of 1:30 (in the EU).

Ok I am wrong then.

 

[John perry]

its understand the importance of leverage and the impact it can have if you are placing large number of trades

 

[HeavenLeighRob]

Around 1:500, which can sometimes be hard to find with regulated brokers but not impossible. Or you can go with an offshore broker to find it easily. I've seen options as high as 1:3000. Personally I stick with 1:100 - 1:200 but to each his own.

 

[fxoday]

Should understand with leverage concept, this like double edge of swords, if trader cant handles trades wisely, it possible choosing high leverage will like disastrous account, in my opinion, beginner trader when they start a real account, choose low leverage will prevent from over trading, but intermediate trader or experienced trader, 1:200 is a good option.

 

[Marceloguedes]

10x for beginner, more than that for experienced one. Tho, make sure you know how to use it

 

[sebking1986]

If you are using good risk management then higher leverage won't be too much of a risk. The issue is many change their trading and risk management with higher leverage.